Posted on May 29, 2026
Danish energy company Ørsted A/S (CPH:ORSTED) has arranged land financings with HA Sustainable Infrastructure Capital Inc (NYSE:HASI) for three solar-plus-storage projects in the US with a combined capacity of 1 GW.
The transactions announced by HASI on Wednesday concern about 6,600 acres (2,671 hectares) across Ørsted’s Eleven Mile Solar Center in Arizona’s Pinal County, the Sparta Solar project in Texas’ Bee County and the Muscle Shoals Solar project in Colbert County, Alabama. All three sites are in operation and are run under long-term power purchase agreements (PPAs).
Under the arrangement, Ørsted and its partners will continue to own and operate the assets.
“By partnering with HASI, a leading sustainable infrastructure investor, we’re able to optimise our capital position for future investment, while continuing to deliver energy to our customers across Arizona, Texas, and Alabama,” said James Giamarino, Chief Commercial Officer at Ørsted Americas.
The 300-MW Eleven Mile Solar Center and the 250-MW Sparta Solar farm, which is part of the 518-MW Helena Energy Center, were commissioned in 2024. The 227-MW Muscle Shoals Solar plant has been generating electricity since 2021 for Meta Platforms and the Tennessee Valley Authority (TVA). The three sites are currently equally owned by Ørsted and Energy Capital Partners (ECP).
Ørsted owns over 6 GW of wind, solar and energy storage capacity in the US through its Americas Onshore business.
